President Barack Obama Message Board

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Politics : President Barack Obama

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To: Bread Upon The Water who wrote (19793)	5/1/2008 10:43:04 AM
From: manalagi	Read Replies (3) of 149317

Contribution to 401K is pre-tax, so that everything in 401K is subject to ordinary tax upon withdrawal when a person reaches 59 1/2. Roth 401K, which was introduced recently is a different story.

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